Is this your property? Sell it faster with premium placement and targeted ads.
Farm - Center Point, IN
58 Acres with Income and Opportunity – Offered at Appraised Value of $631,684 – Center Point, Indiana (Clay County) Located just south of State Road 46 on County Road 300 East, this 58-acre property in Clay County offers the perfect combination of income production, natural beauty, and investment stability. With a balance of 36 acres of productive tillable ground and timbered acreage, this land provides multiple sources of income and long-term potential. The property features active oil wells generating approximately $12,000 per year, with expected increases in production, plus an additional $7,200 per year in farm rent from the tillable acres. The wooded portions provide excellent hunting, recreation, and future timber value, adding even more appeal. A very recent appraisal values the property at $631,684, and it is being offered at that appraised value, making this an exceptional op...
58 Acres with Income and Opportunity – Offered at Appraised Value of $631,684 – Center Point, Indiana (Clay County) Located just south of State Road 46 on County Road 300 East, this 58-acre property in Clay County offers the perfect combination of income production, natural beauty, and investment stability. With a balance of 36 acres of productive tillable ground and timbered acreage, this land provides multiple sources of income and long-term potential. The property features active oil wells generating approximately $12,000 per year, with expected increases in production, plus an additional $7,200 per year in farm rent from the tillable acres. The wooded portions provide excellent hunting, recreation, and future timber value, adding even more appeal. A very recent appraisal values the property at $631,684, and it is being offered at that appraised value, making this an exceptional opportunity to purchase a proven, income-producing investment. Conveniently located near Center Point and just minutes from State Road 46, this property combines accessibility with a peaceful country setting. Property Highlights: • 58 total acres in Clay County • 36 acres of productive tillable ground • Active oil wells producing approx. $12,000/year (with growth potential) • $7,200/year in farm rent income • Balance in wooded acreage offering recreation and timber value • Recently appraised at $631,684 and offered at appraised value • Great location just south of SR 46 near Center Point A rare opportunity to own a diverse, income-producing property with verified market value—ready to add to your portfolio or make your own.
Copyright © 2026 Terre Haute Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Is this your property? Sell it faster with premium placement and targeted ads.